Financing Document Forms

A VC: Musings of a VC in NYC

Many founders want to do SAFE note financings for their early rounds to save time and money. My response to that is “let’s do a priced round, we can use a standard financing form we both like, we won’t use a lawyer on our side, and we can close in a week.” ” The key to being able to do that is the availability of standard financing forms.

Embedded finance startup Banxware raises €4M seed

TechCrunch

Embedded finance — the idea of offering financial products where customers are already congregating via white label solutions and APIs – isn’t an entirely new concept. Liberis, the embedded finance provider for SMEs, raises additional £70M in debt.

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ErudiFi raises $5 million Series A to give students in Southeast Asia more education financing options

TechCrunch

Based in Singapore, ErudiFi wants to help more students in Southeast Asia stay in school by giving them affordable financing options. Students also greatly benefit because our product is one of the few, if not the only, affordable financing option they have access to.”

5 Financing Sources for New Businesses

StartupNation

Some banks and credit unions will finance startups, and some even offer SBA loans to new businesses, but generally when they do make those loans, they go to founders who already have extensive business experience, or experience in their specific field (such as a veterinarian opening a new practice).

Personal finance startup Truebill raises $17M

TechCrunch

Truebill , a startup offering a variety of tools to help users take control of their finances, announced today that it has raised $17 million in Series C funding. ” Truebill raises $15M to build a comprehensive platform for personal finance.

Open Finance First, Open Data Second

A VC: Musings of a VC in NYC

We expect we will see continued innovation in the open finance (finance 2.0) We also think that open finance will inevitably lead to open data as users (both consumers and businesses) will start to understand and appreciate the benefits of increased user control, lower transaction (and other) costs, and other benefits of decentralization.

Liberis, the embedded finance provider for SMEs, raises additional £70M in equity and debt

TechCrunch

based fintech that provides finance for small businesses as an alternative to a traditional bank loan or extended overdraft , has replenished its own coffers with £70 million in funding. to offer finance for small businesses paid back via customer card transactions. Liberis , the U.K.-based

5 Tips for Getting Your New Business Finances Set up for Success

StartupNation

While it may sound obvious, your finances are one of the most critical elements of any business. In this article, you’ll learn five tips for getting your new business finances set up for success this year. You can accomplish this by tracking and planning your finances.

Revenue-based financing: The next step for private equity and early-stage investment

TechCrunch

Revenue-based investing ( RBI), also known as revenue-based financing, or revenue-share investing, 1 is a natural next step for the private equity and early-stage venture investment industry. Column Startups Venture Capital impact investing RBI revenue-based financing software as a service

Singapore-based open finance startup Finantier gets backing from Y Combinator

TechCrunch

Finantier , a Singapore-based open finance startup, wants to streamline that data with a single API that gives financial services access to user data, with their consent. Open finance grew out of open banking, the same framework that Plaid and Tink are built on.

Twinco Capital scores €3M for its supply chain finance solution

TechCrunch

Twinco Capital , a Madrid and Amsterdam-based startup making it easier to access supply chain finance, has raised €3 million in funding. Founded in 2016 by Sandra Nolasco and Carmen Marin Romano, Twinco Capital offers a supply chain finance solution that includes purchase order funding.

M1 Finance closes $45M Series C mere months after it raised its $33M Series B

TechCrunch

Just months after it announced a $33 million Series B, Chicago-based M1 Finance today disclosed a $45 Series C. The new financing event was led by Left Lane Capital , the same investor that led M1’s Series B. M1 Finance raises $33M Series B as it reaches $1.45B AUM.

When should you go for equity financing?

Berkonomics

Let’s take a few minutes to examine the kind of equity financing available to small or early stage businesses. These firms will continue to finance the company without VC money required, and in return keep the capital structure simple for the life of the company.

Financing with grants, not equity or debt

Berkonomics

First, an example of grant-based financing . If you can finance your enterprise through grants rather than equity or debt, you retain control and when it is time to sell your interest in the business, a lower sales price will create a higher return on your personal investment.

GCUC Mastermind: Finance

GCUC

The post GCUC Mastermind: Finance appeared first on GCUC Community. GCUC Mastermind is a virtual learning series focused on the accelerating nature of work and the humans driving it. You need new skills and. Financial Coworking Trends COVID-19 GCUC Mastermind

New Study by MPOWER Financing Shows the Value of Investing in Immigrants

Dream It

An Impact-Investing Success Story: Goldman Sachs-Backed Fintech Fuels Double Bottom Line by Investing in International Students A new study by MPOWER Financing (Dreamit Spring 2016 alum) highlights the dramatic impact of no-cosigner loans for international and DACA (Deferred Action for Childhood Arrivals) students on campus diversity, gender equity, and financial inclusion. About MPOWER Financing MPOWER Financing, headquartered in Washington, D.C.,

NeuroFlow Closes $7.5M Series A Financing to Advance Behavioral Health Integration and Engagement

Dream It

million Series A financing round led by San Francisco-based Builders VC. NeuroFlow ( Healthtech - Fall 2019 ) is a platform for getting patients with behavioral health issues better by supporting clinical teams with collaborative and measurement-based tools in all care settings. This week, the company announced a $7.5 Also participating in the round are Dreamit Ventures , Spring Point Partners, Red & Blue Ventures, and AWT Private Investments.

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3 Things Kabbage’s Acquisition by American Express Tells Us About Small Business Financing

Smart Hustle Magazine

However, it has several implications to small business financing that are more noteworthy than they seem. What American Express is getting reveals what the deal means to small business financing. More robust small business financing products are in the cards.

Outfund, the revenue-based finance provider for online businesses, raises £37M

TechCrunch

Outfund , the revenue-based finance startup that wants to help online businesses fund growth without giving away equity, has raised £37 million in a “late seed” investment. Uncapped picks up another $26M to offer revenue-based finance to European entrepreneurs.

Revenue-Based Finance interview: February 23rd, 1pm ET

David Teten - VC

Keith Harrington of Novel Growth Partners and Founder, RBFNetwork , is hosting an interview with me February 23rd at 1pm ET.

How International Founders Can Raise US Financing

Startup Grind

When I was a Y Combinator partner, I noticed that more and more of the batches were companies started by international founders. It's now at 35 percent , and because of this a common question I hear now is: How do you set yourself up to raise money in the U.S.? I’ve invested in several startups that started out as international companies and either moved to the U.S. or incorporated here to raise capital. Here are a few: Scotty , Automile , PayStack , Razorpay , Xendit and Sendbird.

5 Financing Sources for New Businesses

StartupNation

Some banks and credit unions will finance startups, and some even offer SBA loans to new businesses, but generally when they do make those loans, they go to founders who already have extensive business experience, or experience in their specific field (such as a veterinarian opening a new practice). Here are five financing options for novice entrepreneurs to consider when looking for startup capital: Credit cards.

Finance Basics for Small Business Owners

Smart Hustle Magazine

One of the most important--understanding your business’s finances. Some business owners feel that finances are not their strength so they shy away from that aspect of their business. You might even think it a good business decision to outsource the bulk of the finances and bookkeeping. One great way to manage your business finances is by following the “profit first” principle. Invest in accounting software to make getting intimate with your finances easier.

United Nations Development Program and 500 Startups Join Forces to Bridge the World of Impact Financing and Tech Startups

500

ImpactAIM Indonesia’s goal is to bridge the world of impact financing with the world of tech startups in Indonesia. The post United Nations Development Program and 500 Startups Join Forces to Bridge the World of Impact Financing and Tech Startups appeared first on 500 Startups. Startup founders often have ambitions not just to make money, but to change the world. So, how do we help these founders accomplish these goals?

Nigerian founders-turn-investors are now running syndicate funds

TechCrunch

However , the whole process proved difficult and the fund wasn’t able to because he was stuck in Nigeria and could not visit London, New York and Washington DC, “where institutional and development finance capital sits.”

3 Ways Digitizing Your Finance Department Can Lead to Business Growth

Smart Hustle Magazine

Investing in the digitization of your finance team is a great way to boost the efficiency and growth of your small business. In fact, the McKinsey Global Institute estimates that today 40 percent of finance activities can be fully automated. Empower your finance team to think big.

What Is Debt Financing? – Types, Sources, Pros & Cons

Feedough

It is when the founders need to make a tough decision of whether to raise money by diluting ownership ( equity financing ) or by taking loans (debt financing). This makes many founders choose debt financing as a capital financing method, that requires repayment along with interest.

Square’s bank arm launches as fintech aims ‘to operate more nimbly’

TechCrunch

Moving forward, Square said its bank will be the “primary provider of financing for Square sellers across the U.S.”. Finance Startups TC Amrita Ahuja Bank Banking fdic finance Salt Lake City Square Square Capital utah

First Boulevard raises $5M for its digital bank aimed at Black America

TechCrunch

The startup’s mission is to empower Black Americans “ to take control of their finances, build wealth and reinvest in the Black economy” via a digitally-native platform.

SeedFi closes on $65M to help financially struggling Americans get ahead

TechCrunch

Flourish, Core Innovation Capital and Quiet Capital also participated in the latest financing. Millions of Americans live paycheck to paycheck, and struggle to get out of a debt cycle.

Mono, a startup that wants to build Plaid for Africa, gets backing from Y Combinator

TechCrunch

In a region where more than half of the population is either unbanked or underbanked , these open finance players are trying to improve financial inclusion on the continent. Open finance thrives on the notion that with access to a financial ecosystem via open APIs and new routes to move money, access financial information and make borrowing decisions, the barriers and costs of entry for the unbanked and underbanked might come down. .

LA-based SoLo Funds raises $10 million to offer an alternative to predatory payday lenders

TechCrunch

The company is financing tens of thousands of loans per month, according to chief executive officer and co-founder Travis Holoway, and loan volumes are growing at about 40% monthly, he said.

Revisiting Paul Graham’s “High Resolution” Financing

Both Sides of the Table

When I first read Paul Graham’s blog post on “High Resolution&# Financing I read it as a treatise arguing that convertible notes are better than equity. Legal costs of early stage financing should be cheap – this is one of the final remaining arguments for convertible debt but even Paul acknowledges that this is no longer necessarily the case: “Different terms for different investors is clearly the way of the future.

Brazil’s Monkey nabs $6M Series A for financial marketplace

TechCrunch

Monkey has developed what it describes as Supply Chain Finance (SCF) programs for small and medium enterprises. What we’re excited about with Monkey is how it is opening up access to Supply Chain Finance for all the suppliers of larger enterprises, not just the large and mid-sized ones that have typically had access to it,” Whittle told TechCrunch. Monkey , a financial marketplace for receivables in Latin America, has raised $6 million in Series A funding.

Making Sense of the Stock Market Drops in Relation to Venture Financing

Both Sides of the Table

It will make follow-on financings much harder and people will have to consider whether or not to do inside rounds. These are all normal things but in this big run since 2009 we’ve all gotten used to nearly 100% follow-on financing rates, valuations only moving up, deals clearly the convertible note caps and low mortality rates.

What Is Equity Financing? – Types, Sources, Pros & Cons

Feedough

It also involves a lot of money; and this money is generally sourced by taking loans (debt financing) or selling equity (equity financing). On the other hand, equity financing is usually a go-to-strategy for most founders to raise funding, get strategic guidance, and run a successful long-term startup. But what exactly is equity financing, how it works, and what are its sources? What Is Equity Financing? How Does Equity Financing work?

Stori raises $32.5M in a Lightspeed-led Series B to build Mexico’s credit card for the masses

TechCrunch

Lightspeed Venture Partners led the company’s financing, which brings Stori’s total raised since its early 2018 inception to $50 million. While credit cards are commonplace in the United States, they are far less ubiquitous in many other countries, particularly those in Latin America.